Los Angeles County  »  90023  »  S Lorena St  »  1240 S Lorena St

1240 South Lorena Street, Los Angeles, CA 90023 Property Information

1240 South Lorena Street, Los Angeles, CA 90023 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1240 South Lorena Street, Los Angeles, CA 90023
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Address

Primary address 1240 South Lorena Street, Los Angeles
Alternate address(es) 3407 E Hunter St
3409 E Hunter St
1242 S Lorena St
Zip code 90023
County Los Angeles
Municipality Los Angeles
Neighborhood Boyle Heights

Sales & Tax Overview for 1240 South Lorena Street, Los Angeles

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Sale date 04/29/2004
Sale price $350,003
Arm's length
Current property tax $8,022

Lot & Building Information for 1240 South Lorena Street, Los Angeles

Building sqft 1,411
Total sqft 2,651
Building class Store & Residential Combination - One Story (1210)
Acreage 0.165
Buildings on lot 2
Units 2
Year built 1939
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Qualified opportunity zone
Weed hazard Yes
School district Los Angeles Unified School District

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Other Property Data for 1240 South Lorena Street, Los Angeles

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About 1240 South Lorena Street, Los Angeles

How many square feet does 1240 South Lorena Street, Los Angeles, CA 90023 have?

This Store & Residential Combination - One Story (1210) located at 1240 South Lorena Street, Los Angeles, CA 90023 has a total of 1,411 square feet.

What is the year built & the current market value of 1240 South Lorena Street, Los Angeles, CA 90023?

1240 South Lorena Street, Los Angeles, CA 90023 was built in 1939 and has a current tax assessor's market value of $622,982.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 1240 South Lorena Street, Los Angeles

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Purchase date Purchase price Buyer name Seller name
04/29/2004 $350,003

Title Documents for 1240 South Lorena Street, Los Angeles

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
09/29/2010 Reconveyance
Substitution Trustee
11/18/2008 Notice Action
11/13/2008 Deed
(Reappraisal transfer - no DTT - Single parcel sale)
11/13/2008 Assignment of Rents
Trust Deed
11/13/2008 Assignment of Rents
Trust Deed
11/13/2008 Assignment of Rents
Trust Deed
05/08/2008 Deed
04/28/2008 Deed
04/29/2004 Deed
(Sale for consideration - full DTT - Single parcel sale)
08/18/1994 Deed
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R: Recorded date
D: Document date

Property Taxes for 1240 South Lorena Street, Los Angeles

Access detailed property tax data for 1240 South Lorena Street, Los Angeles, CA 90023. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $7,397
Current property tax $8,022
Market value $622,982

Special Assessments And Penalties for 1240 South Lorena Street, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
06181 Greater L.A. County Vector Control District
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs

Assessment History for 1240 South Lorena Street, Los Angeles

Here's the assessment & property tax history for 1240 South Lorena Street, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $622,982 1.1874 $7,397 +0.95%
2024-2025 $610,768 1.1997 $7,327 +2.03%
2023-2024 $598,793 1.1994 $7,182 +4.97%
2022-2023 $587,053 1.1655 $6,842 +1.15%
2021-2022 $575,543 1.1752 $6,764 -1.06%

Permits for 1240 South Lorena Street, Los Angeles

The complete history of permits filed for 1240 South Lorena Street, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
05/12/2022
05/12/2022
05/05/2022
07/11/2019
08/02/2017
03/30/2011
02/27/2003
11/22/2000
11/21/2000
11/21/2000
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 43,857
Median age 32.7
Average household income $73,799
Family households 83.0%
Occupied housing units 11,774
Owner occupied units 25.3%
Average number of people per household 3.69
Median year structure built 1946
Median value for units with a mortgage $646,000
Median value for units without a mortgage $630,700

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Earthquake-induced liquefaction area

Transportation

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Neighbors for 1240 South Lorena Street, Los Angeles

Here are the neighbors for 1240 South Lorena Street, Los Angeles.

Address Square feet Purchase date Purchase price
3412 Estrada St, Los Angeles 960 04/23/2024
3444 Estrada St, Los Angeles 952 09/15/2023
1230 S Lorena St, Los Angeles 2,535 06/01/2001 $156,000
3423 Estrada St, Los Angeles 919 02/19/2021
1218 S Lorena St, Los Angeles 1,473 03/12/2012
1214 S Lorena St, Los Angeles 3,808 04/28/2017 $545,000
3427 Estrada St, Los Angeles 632 08/10/2020
3431 Estrada St, Los Angeles 852 05/06/2004 $205,002
3415 Estrada St, Los Angeles 906 10/31/2017
3414 Estrada St, Los Angeles 688 01/26/1996 $90,000
3420 Estrada St, Los Angeles 2,031 02/28/2017
3436 Estrada St, Los Angeles 1,286 08/25/2016 $370,000
3424 Estrada St, Los Angeles 1,611 02/07/2008
3440 Estrada St, Los Angeles 702 11/12/2024
3448 Estrada St, Los Angeles 1,244 01/18/2019
3452 Estrada St, Los Angeles 1,496 09/04/2018
3411 Estrada St, Los Angeles 1,240 10/21/2025
3456 Estrada St, Los Angeles 1,400
3419 Estrada St, Los Angeles 1,230 04/18/2000
3435 Estrada St, Los Angeles 865 12/14/2000 $127,001

Nearby ZIP Codes for 1240 South Lorena Street, Los Angeles

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